From several distinct origins into a leading global energy company

Our History: From 1984 to Today

Our history describes our evolution and how we grew into a leading energy company from several distinct origins. In 1984, Chairman Emeritus, Paul Stebbins, and CEO, Michael Kasbar, founded Trans-Tec, a marine fuel brokerage company. In 1995, International Recovery Corporation acquired Trans-Tec. The move transformed the organization and the name was changed to World Fuel Services. Over the past two decades, we have continued to grow through organic expansion and a series of strategic acquisitions. It’s an evolution that continues today.